Niemann, Rainer; Sureth, Caren - Arbeitskreis Quantitative Steuerlehre - 2009
The influence of capital gains taxes on investment decisions is a central issue of accounting and public finance … research. However, the implications of capital gains taxes on investors' willingness to invest in irreversible projects with … entry and exit flexibility have not yet been a focal issue. As a result, the effects of taxing capital gains on the …